The author examines the theoretical and empirical literature pertaining to securities laws and their enforcement by regulators and courts to establish what is known and what is yet unclear. Recent empirical research in the field has established that law matters. Mandatory disclosure requirements, insider trading laws, safeguards against self-dealing transactions, adequate regulatory powers, and simple laws that are easily enforced aid in the development...
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INFORMATION
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2004/09/01
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Document de travail de recherche sur les politiques
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WPS3405
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1
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1
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2017/03/14
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Disclosed
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A survey of securities laws and enforcement
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law
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